RD interest rates: How much can you actually earn? Check what post offices and major banks offer
New Delhi, Sept. 20 -- Senior citizens can earn up to 8.50% yearly interest. Yes Bank offers the highest listed rate, followed by Bandhan Bank at 8.35%. IndusInd Bank comes next, with its highest senior-citizen rate at 8.25%.
Among other banks, DBS Bank and TMB list senior-citizen rates of up to 8%. Kotak Mahindra Bank and Federal Bank each offer up to 7.90%. Axis Bank follows with a maximum of 7.85%.
Punjab National Bank (PNB), Indian Overseas Bank, and Bank of India offer the highest rates at 7.80%. Karnataka Bank also reaches 7.80%. SBI and IDBI Bank each list a maximum senior citizen rate of 7.50%.
Several banks offer senior citizens up to 7.75%. These include ICICI Bank, HDFC Bank, Bank of Baroda and Canara Bank. Indian Bank and U...
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